Word: cutoffs
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Iran's oil cutoff threatens higher prices and long gas lines
...consequences of the political turmoil that shut down Iran's oil fields became clearer last week, presaging a period of trouble and uncertainty for Western nations. Higher fuel prices and some scarcities are inevitable in the U.S. President Carter warned that though the situation created by the Iranian cutoff is "not critical" yet, it "certainly could get worse." He said that the difficulties might be manageable if Americans "honor the 55-m.p.h. speed limit, set thermostats no higher than 65° and limit discretionary driving." Otherwise, the President added, "more strenuous action" would be needed to curb fuel...
...Julie McAree, while swimming unofficially, qualified for the small college nationals in the 200-yd. freestyle with a time of 2:17.96. Barely missing the qualifying time for nationals was the 200-yd. freestyle relay team of Costin, Joel, Katie, Kelley and Gina Stuart, whose 146.72 time exceeded the cutoff mark by a little more than 0.3 seconds...
Inevitably, though, the Vietnamese blame much of the debacle on the U.S., which gradually took command of the whole war effort and imposed its own training methods, tactics and supplies on South Viet Nam. The Vietnamese became so dependent on the U.S. that when President Nixon threatened a cutoff in U.S. aid if Thieu did not sign the Paris peace accords, Thieu could only give in. Ambassador Bui Diem provides a pathetic vignette of Thieu at San Clemente, where he sought assurance of U.S. help if Hanoi violated the accords. "You can count on us," Nixon said. Thieu...
...most prominent is Yale's struggle to raise $370 million. Last December, one year after the cutoff date Yale had originally announced, the school had succeeded in topping Stanford's record by pulling in $316 million, but Yale officials were disturbed at being so far short of their goal. The chief problems: the unsettling mid-campaign departure of President Kingman Brewster, and overreliance on volunteer solicitors (more than 5,400 of them). Though 44 contributors pledged $1 million or more (biggest single gift: $15 million from New York Publisher-Philanthropist John Hay Whitney), there were fewer...